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Definitive Analysis

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Page: Dividend Discount Model

Blackstone / GSO Senior Floating Rate Term Fund

Ticker: BSL | Industry: Asset Management | Sector: Financial Services
$13.55 -0.05 (-0.37%)
As of: 2026-01-23

Master Data Export


Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$75.45 - $192.18$111.20
Multi-Stage DDM$20.99 - $22.95$21.95
Blended Fair Value$66.57
Stock Price$13.66

Dividend History (Last 10 Years)

Metric2024202320222021202020192018201720162015
DPS1.3621.3221.0450.9181.1961.5121.1291.1381.1421.080
YoY %3.03%26.53%13.82%-23.25%-20.92%34.01%-0.84%-0.30%5.71%-15.22%
Yield9.971%9.678%7.649%6.720%8.756%11.072%8.263%8.332%8.358%7.906%

CAGRValue
5 Year-2.07%
10 Year0.67%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth5.50% to 7.50%6.50%
WACC9.00%9.00%
Fair Value$75.45 - $192.18$111.20

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income18.5618.5618.56
(=) Cash Required3.712.321.39
Cash Retained18.5618.5618.56
(-) Cash Required-3.71-2.32-1.39
(=) Excess Retained14.8516.2417.17
(/) Shares Outstanding13,008,54213,008,54213,008,542
(=) Excess Retained per Share1.141.251.32
LTM Dividend per Share1.3621.3621.362
(+) Excess Retained per Share1.141.251.32
(=) Adjusted Dividend2.5032.6102.682

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income18.5619.7621.0522.4223.8725.43
Payout Ratio95.5%25.0%41.0%57.0%73.0%90.0%
Projected Dividends17.724.948.6312.7817.4322.88

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV4.694.734.78
Year 2 PV7.447.587.73
Year 3 PV10.0110.3010.59
Year 4 PV12.4112.8913.38
Year 5 PV14.8115.5316.27
TV PV223.72234.52245.74
Equity Value273.09285.56298.49
Fair Value$20.99$21.95$22.95
Stock Price$13.66$13.66$13.66

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